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    Sibley Pkwy & Mound Ave Mankato, MN

    For Sale
    $215,256

    Land near downtown Mankato, Minnesota River, and recreational areas.

    Lot size:
    8.52 Acres

    Property Features for Sibley Pkwy & Mound Ave

    General Information

    Lot size
    8.52 Acres

    Source: KW Commercial Midwest - Apple Valley Agent James Halbur

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mankato Land Near Minnesota River

    This property is located near downtown Mankato, within walking distance of Mankato West High School, the YMCA, Cub Foods, and the Sibley Park recreational area. The land borders the Minnesota River and a bike path. It is located in a TIF area and an opportunity zone. The site is shovel ready, with other new development nearby.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.9993996
    Latitude
    44.1635775

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    FAQs

    What type of property is this?
    Land - Land near downtown Mankato, Minnesota River, and recreational areas.
    Where is this land located?
    The property is located at Sibley Pkwy & Mound Ave Mankato, MN.
    What is the asking price?
    The asking price for this property is $215,256.
    What are key features of this property?
    This property features: - Borders the Minnesota River and bike path.; - Walking distance to Mankato West High School, YMCA, Cub Foods, and Sibley Park.; - Near downtown Mankato.
    (507) 317-2353
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Sibley Pkwy & Mound Ave Mankato, MN
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